Why do some Meme coin names on futures contracts have 1000 added in front?
To gauge a coin’s valuation, look at its total market cap or FDV—that is, the unit price multiplied by the supply—not just the price of a single coin.
Key takeaway: When comparing two Meme coins, consider both their total supply and unit price. Looking only at the unit price can lead to misleading conclusions.
$PEPE corresponds to the 1000PEPEUSDT trading pair on Binance USDⓈ-M futures.
If something is unfamiliar, start small. Testing it with a small amount is a safer approach.
Just sharing my thoughts—make your own decisions when buying or selling.
To gauge a coin’s valuation, look at its total market cap or FDV—that is, the unit price multiplied by the supply—not just the price of a single coin.
Key takeaway: When comparing two Meme coins, consider both their total supply and unit price. Looking only at the unit price can lead to misleading conclusions.
$PEPE corresponds to the 1000PEPEUSDT trading pair on Binance USDⓈ-M futures.
If something is unfamiliar, start small. Testing it with a small amount is a safer approach.
Just sharing my thoughts—make your own decisions when buying or selling.